Games Workshop’s share price surges 12.5% on stunning results! What’s next?

Silhouette of a bull standing on top of a landscape with the sun setting behind it

Image source: Getty Images

Games Workshop‘s (LSE:GAW) share price is ripping higher right now. At £181 per share, the FTSE 100 company’s soared another 12.5% on Thursday (20 November) after releasing first-half trading numbers that trumped forecasts.

The tabletop gaming colossus is now up a whopping 36% since 1 January.

Games Workshop’s one of the FTSE‘s greatest success stories — with capital gains and dividends combined, its shares have delivered an average annual return of 31.7% since 2015.

What can we expect next from the niche retailer?

Estimates topped

In a brief market update, Games Workshop said it expects “core revenue of not less than £310m” at actual exchange rates for the six…

Source link